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  • Waste Management: A Good Fit For Berkshire  [View article]
    Can you cite ANY indication that Buffet is looking to buy WM?

    An article based on TOTAL speculation makes me wonder about the author's motive.
    Dec 22, 2012. 08:44 AM | 1 Like Like |Link to Comment
  • In another blow to the F-35 program, Canada is reconsidering plans to buy 65 of the Lockheed Martin (LMT) fighter jets after an audit found it would cost $45.8B to acquire and operate the planes over their expected lifespan of 42 years. That's way above forecasts, and while the government might still buy the F-35, it will also look at purchasing alternative aircraft such as Boeing's (BA) Super Hornet.  [View news story]
    Old news. This was published on 12/6, and like every day a different news source repeats it.
    Dec 13, 2012. 08:19 AM | Likes Like |Link to Comment
  • Citi is out with its latest investment screen selecting U.S.-based dividend-paying stocks of companies that also earn approval in the credit markets. Three newcomers make the list - MRK, PFE, PGN - plus a dozen holdovers: MO, AEP, T, BMY, COP, ED, D, DUK, LLY, LMT, SO, VZ[View news story]
    Makes me wonder: Is Citi that confused or did Baron's misquote them?
    Nov 5, 2012. 09:33 PM | Likes Like |Link to Comment
  • The soda industry continues to push back at the contention of NYC Mayor Bloomberg amongst others that the nation's obesity issues and high level of soda intake are interwoven. According to data dug out by academics, despite getting close to 100% of the blame, extra sugar only accounts for 9% of the extra calories the U.S. population takes in today compared to 30 years ago. Of that 9% extra sugar rush, soda only makes up a subset of the total.  [View news story]
    Dime a dozen bloggers and book hyping nutrition experts make a distinction between what kind of calories contribute to weight gain. Science does not.
    Oct 12, 2012. 01:22 PM | Likes Like |Link to Comment
  • With defense budgets being slashed around the world, the collapse of the BAE's $45B merger with EADS will put the focus on possible deals between tier-two firms such as Rockwell Collins (COL), L-3 Communications (LLL), SAIC (SAI) and Harris (HRS), industry execs and bankers tell Reuters. Much could depend on whether Congress averts the automatic defense cuts that are due from Jan 1.  [View news story]
    The tea party won't agree to a tax hike. Unless there is a power shift the stalemate will continue. It doesn't matter which direction, but action requires compromise or that one party has the clout to force the issue The wide divergence in philosophy on strongly held viewpoints by some (in both parties) makes compromise unlikely.
    Oct 11, 2012. 12:00 PM | 2 Likes Like |Link to Comment
  • Re-Evaluating Your Minimum Dividend Yield Requirement  [View article]
    Eli, I don't want to get into a messy debate since our views appear close. But ED vs JNJ isn't a good comparison. ED has a 3/5 yr DGR of 0.84%/0.85% while JNJ has a 3/5 yr DGR of 7.5%/8.4%. Present data makes the prediction easy. Which is why I'm long JNJ.
    Sep 16, 2012. 12:36 PM | 2 Likes Like |Link to Comment
  • Re-Evaluating Your Minimum Dividend Yield Requirement  [View article]
    I'm not ignoring that MCD's business model and resulting increased income facilitated dividend growth. However, MCD could have chosen to reinvest in company growth. Or build a huge cash surplus. Options which many companies choose. I highly doubt that an investor in 2003 could have KNOWN the dividends would increase so significantly.
    Sep 16, 2012. 11:17 AM | 2 Likes Like |Link to Comment
  • Re-Evaluating Your Minimum Dividend Yield Requirement  [View article]
    In general I agree with your article. But...

    Almost any strategy or viewpoint can be validated using selected historical data. And the reality is that none of us have a crystal ball so we don't know what the future dividend policy of a company will be. As a dividend investor I am constrained to make my decisions based on current policies. That means looking at the current yield, DGR and company reports for any possible changes. The ability to increase dividend rates does not mean it will happen.

    It's easy to look back and think "I wish I would have invested in that company." I've done it. I've also looked back and asked myself, "Why did I buy that stock?" I prefer missed opportunities to speculative losses. So hoping for a dividend policy change is not in my playbook.
    Sep 16, 2012. 10:40 AM | 3 Likes Like |Link to Comment
  • Our Evaluation Of Verizon's Ability To Pay Its Dividend  [View article]
    VOD does not without tax on ADR shares according to their website. And it is ordinary income eligible for qualified dividend status. Anyone paying a 35% tax should check with their broker because it sounds like they are getting their pocket picked.
    Sep 14, 2012. 12:57 PM | Likes Like |Link to Comment
  • The FDA issues a warning that some consumers have reported receiving serious skin injuries while using certain over-the-counter mild muscle and joint pain relievers containing the active ingredients menthol, methyl salicylate and capsaicin. 43 reported cases of burns have been reported, with the injuries ranging from mild to severe chemical burns. Some of the products named include Sanofi's (SNY -0.1%) Icy Hot and Johnson & Johnson's (JNJ +0.7%) Bengay, among others.  [View news story]
    That makes me wonder how, and where, the products were used. Having used both with no ill effects, and knowing others that have used them, I'm skeptical that package directions were followed.
    Sep 13, 2012. 12:38 PM | 1 Like Like |Link to Comment
  • Why You Can't Trust Brokerage Research - Further Proof  [View instapost]
    Paul, it looks like you misread the Stern release. To me it clearly says: "FOLLOWING a strong second quarter report, we are raising our estimate..." (emphasis mine)

    Not a criticism, I misread things also, just wanted to point it out. And I totally agree with your point: I don't trust brokerage reports.
    Aug 29, 2012. 09:59 PM | Likes Like |Link to Comment
  • Another Way To Reinvest Dividends  [View article]

    Moving funds from an IRA to a Non-IRA account would be considered a withdrawal. Depending on your age and type of account, there could be a significant tax bill incurred as a result.

    Aug 28, 2012. 08:25 PM | Likes Like |Link to Comment
  • Another Way To Reinvest Dividends  [View article]
    While the general concept may be quite similar, I think each has a different spin on it.

    Also, many new readers to SA may not have seen his older articles. I believe keeping this perspective in the forefront for new readers is the right thing to do. They may or may not follow it, but at least they will be aware and have the opportunity to decide if they want to study the concept further.

    For those who have seen similar articles, one of the things I learned many years ago is that repetition is a good way of learning. Few people remember everything they have read. From my perspective, reminders are welcome. I typically read articles on dividend investing faster than I once did. But that does not mean they have no value.
    Aug 28, 2012. 11:22 AM | 3 Likes Like |Link to Comment
  • Dividends Offer A Better Choice Than Stock Buybacks  [View article]
    I'm also in the dividend camp.

    One of my objections to buybacks is that companies sometimes use them to mask a lack of performance. Many investors focus on per share data, like EPS. Buybacks can make the per share data look good when the true story is somewhat different. Of course this is really another reason to review financial statements, instead of just looking at data on financial sites.
    Aug 27, 2012. 03:53 PM | 1 Like Like |Link to Comment
  • Dividends Offer A Better Choice Than Stock Buybacks  [View article]
    I think Value Line blew it on that one. I just checked a 15 year chart on Fidelity: lowest price shown was $32.04.

    Checked three other sources: none of them show the price Value Line is giving you.
    Aug 27, 2012. 03:49 PM | Likes Like |Link to Comment